thinkstockJuly 16, 2014: Markets opened higher on Wednesday following a report of better-than-expected Chinese GDP growth and a strong showing from some big tech stocks. A sharp drop in crude oil inventories also boosted…
Stanley Druckenmiller is considered to be one of the greatest hedge fund managers in the world. At CNBC’s Institutional Investor Delivering Alpha conference on Wednesday, Druckenmiller gave some key warnings and views on credit…
courtesy of Chrysler GroupIn the first five months of 2014, the number of U.S. retail registrations of sport-utility vehicles (SUVs) and crossover-utility vehicles (CUVs) surpassed the the number of registrations for sedans. This marks…
ThinkstockThe Federal Reserve has released its latest installment of the so-called Beige Book. The Fed is getting yet another chance to move the market with data that should have already been known. Basic comments…
Investors appear largely unfazed by announced board changes at tech giants Hewlett-Packard and Google. The interim chair of the former has stepped down, and Alan Mulally has joined the latter.
We expect that SanDisk, despite its revenues not being among the top 10 in global technology giants, can spill over into any stocks tied to smartphones, devices and tablets.
Reports Wednesday morning that Twenty-First Century Fox made an $85 per share offer to acquire Time Warner sent shares of Time Warner soaring in Wednesday morning trading.
eBay is set to report earnings on Wednesday after the markets close. Now that it has reached a settlement with Carl Icahn, eBay shares have backed off from their post-Icahn pop.
ThinkstockWith the 2014 MLB season set to enter its second half later this week, no first place team has cemented a runaway finish atop their respective division. The Oakland Athletics own the highest winning…
ThinkstockWednesday’s economic reporting included industrial production and capacity utilization data for the month of June. It turns out that production was muted, and capacity remains defiantly under that key 80% barometer. It just doesn’t…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 7.5 million barrels last week, maintaining a total U.S. commercial crude inventory to 375…
Qatar Airways has confirmed an order for 50 of the Boeing 777-9X aircraft acquired the purchase rights to 50 more of the planes at the Farnborough International Airshow.
Exelon has agreed to develop a deployment plan for American Superconductor's superconductor technology to build a superconducting cable system that will strengthen Chicago's electric grid.
In a research note, Leerink analysts mentioned four specific top biotech names that may have the ability to beat current earnings expectations. But 24/7 Wall St. has one caveat.